Indian telecom operators came out in open support of Chinese equipment makers, saying the government cannot deprive Indian consumers of the cutting-edge technology which these companies offer by denying security clearance to them.
Operators Bharat Sanchar Nigam Ltd, Bharti Airtel, Vodafone-Essar, Aircel, Mahanagar Telephone Nigam Ltd and Idea Cellular might have to fork out over Rs 11,200 crore for having spectrum beyond 6.2 MHz, if the government accepts the Telecom Regulatory Authority of India (Trai) recommendations.
Operators with more than 6.2 MHz of spectrum in GSM will have to cough up more if the Telecom Regulatory Authority of India has its way. Trai is recommending sweeping changes in the country's telecom landscape by replacing the current subscriber-based allocation of 2G spectrum.
Huawei, as well as ZTE, has of late shown interest in setting up a manufacturing facility in India.
RNRL had sought 28 mscmd of gas for 17 years at $2.34 per million British thermal units (mBtu) from Mukesh Ambani's RIL.
The government will miss the June 30 deadline to implement nationwide mobile number portability, as telecom public sectors MTNL and BSNL, and a new operator Uninor, are not ready with equipment.
Leading Chinese telecom equipment manufacturers, Huawei Technologies Co Ltd and ZTE Corporation, have launched an aggressive 'Indianisation' drive. The two companies are replacing Chinese nationals with Indians on their board of directors. The move is seen as an attempt by the companies to change the public perception in India, where Chinese firms are often viewed with suspicion. This would also make it easy for the firms to do business in India.
The much-awaited auction for 3G spectrum has begun. Top telecom operators including Bharti, Vodafone, Idea, RCom and Tatas are in the fray.
The government is likely to set up a Group of Ministers (GOM) to take a final decision on divesting stake in the telecommunications company, Bharat Sanchar Nigam Ltd.
The Eleventh Plan working group report, however, was based on projections of the directorate general of hydrocarbons (DGH).
Half the money, to be invested over the next 12 months, will be used to expand its mobile network.
Only those foreign companies with an existing presence in Indian telecom finally put in bids for the 3G auction. The last date for applications was March 19.
"For 2010-11 and beyond, the Kirit Parikh report will be the benchmark. The report is being studied.These decisions are politically sensitive issues and have to be sustained over a period of time," Petroleum Secretary S Sundareshan told Business Standard. "It is impossible to insulate the Indian consumer against the movement in international oil prices."
In a move that could revolutionise internet access for millions, state-owned Bharat Sanchar Nigam Limited is considering opening up its last mile local loop (fixed copper lines) for broadband services to private players.
The recommendations include divestment of 30 per cent government equity in BSNL, reducing the company's workforce by a third, and cancelling the telecom equipment order for 93 million GSM lines, replacing it with network outsourcing deals.
Subject to Union government approval, the board of state-owned telecom company Bharat Sanchar Nigam Ltd on Thursday cleared a proposal for the divestment of 30 per cent government equity in it, as suggested by a committee set up under Sam Pitroda, the prime minister's telecom and infrastructure advisor.
India's controversial 3G auction has attracted the attention from some very unusual quarters.
BSNL would have accounted for revenues of $250 million this year.
There is scepticism in some quarters that the Budget for 2010-11, while spreading cheer, may be skating on thin ice. For instance, some of its assumptions will give way if the non-tax revenue projections turn out to be castles in the air.
Disinvestment proceeds of the government could be higher than the estimate of Rs 25,000 crore for 2009-10. The government has already raised Rs 13,621 crore through disinvestment in four public sector companies.Dilution of stake in National Mineral Development Corporation, the fifth public sector undertaking to come out with a public offer this year, is likely to fetch the government more than the remaining Rs 11,388 crore, thereby exceeding even the revised target.